Annuitites
I really like annuities. I think they are a good way to create income in retirement, barring something I cannot see. The investments grow tax-deferred and when you get your distribution you will likely be at a lower tax bracket than when you were in your asset accumulation phase.
I did well on the test, missing two. #8, 13.
the SEC considers the separate account a security and the separate account which technically is the annuity must register with the SEC. the explanation admits to this being a tricky question, albeit one with "only one correct answer".
a mortality guarantee is an annuitant agreeing to receive payments for life. i thought it was the agreed period of time, but that is actually called a period certain.
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5 comments:
You are so smart! Just reading your blog about all this stuff makes my brain hurt! Keep up the great work!
whitney the difference between you and me is that i am reading it out of obligation and you are reading it out of recreation! :0)
Thanks for the encouraging words.
Well if you are really up to it then understanding it is not that really hard. I am really motivated into reading guides or tips or anything like this just to be able to get more ideas then. Well,even though I am actually getting a series 65 Texas course then.
I love reading blogs about securities licensing!! it made me think about being a broker. Keep on posting.
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